Antibiotics may be ________ since people consider only the ________.
A) underused; private and not the social costs of consumption
B) overused; private and not the social costs of consumption
C) underused; external and not the private costs of consumption
D) overused; external and not the private costs of consumption
Correct Answer:
Verified
Q11: When patients or farmers choose whether to
Q12: A private cost is:
A) a cost paid
Q13: Which equation is TRUE?
A) private cost +
Q14: Which is an example of an external
Q15: An external cost:
A) causes markets to allocate
Q17: A chemical bathroom cleaner has an ingredient
Q18: Which statement illustrates the concept of external
Q19: The social cost is:
A) a cost paid
Q20: If the social cost of an activity
Q21: When the government intervenes in markets with
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